How to backtest WallStreet Forex Robot 2.0 Evolution?

March 23, 2017

Backtesting is the process of testing a forex robot/trading strategy with historical data available in the MetaTrader 4 terminal, to see how it would have performed in the past. Theoretically, if a forex robot (called also expert advisor) worked well in the past, it will continue to do so in the future. Therefore back-tesing is very important and must be done correctly.

Although that WallStreet  Forex Robot 2.0 Evolution and the other robots WallStreet ASIA Evo and WallStreet Recovery PRO Evo are already optimized and you don't need to make any optimizations and imrpovements you may want to try some custom settings or to test the robot on unsupported pairs. Therefore you have to know how to backtest the robot correctly. Otherwise you may get unexpected results.

How to backtest WallStreet 2.0 Evolution

Please, do not forget to activate your demo, or real account, even if you only wish to backtest WallStreet 2.0 Evolution!

1. Update the history data

If you wish to backtest WallStreet 2.0 Evolution, first you should download history from the MetaTrader history center: click Tools -> History Center, or press the "F2" key of the keyboard. In the list, find the currency pair that you wish to backtest and double click to expand it. Click "1 Minute (M1)" and then click "Download". When the download process is finished, double click on "5 Minutes (M5)” and "15 Minutes (M15)" to convert the M1 data. Close the "History Center" window. Please check the below image:



2. Open the Strategy Tester

To open the "Strategy Tester" window click the "Strategy Tester" button of the MetaTrader menu, or press "Ctrl+R" on the keyboard. In the "Strategy Tester" window chose "WallStreet 2.0 Evolution ", chose one of the supported currency pairs (GBPUSD, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD, NZDUSD and EURJPY), chose M15 timeframe, chose the method "Every tick ...", as shown below. Enter 20 for Spread. Click "Start" to start the backtest. Please check the below image:



The backtest by "Every tick" is the most precise, but it is very slow. If you wish to save time you can run the backtest on M1 timeframe by "Open price only ..." method and this will be correct too.

If you have any questions about backtesting process don't hesitate to comment below.


Comments (2)

Me February 18 2018, 8:31 PM

You include EURJPY in the list of 8 recommended currencies here but in your FAQ you list 7 currencies and do not include EURJPY.

"Another great benefit of WallStreet Forex Robot 2.0 Evolution is that it was designed especially for the most liquid, narrowest spread currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, NZDUSD and AUDUSD."

Which info is more accurate?

WallStreet 2.0 Evolution Support February 19 2018, 8:30 AM

Hello "Me",

We are very sorry for this mismatch. WallStreet 2.0 Evolution also supports EURJPY currency pair. The information on FAQ page was not updated. We have fixed this and now on FAQ page the supported currency pairs include also EURJPY.

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